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$395,000

Beds
2
Baths
2.0
sq ft
1,543

1235 N 5th St Unit 1, Philadelphia, PA 19122

1235 N 5th St Unit 1

PHILADELPHIA, PA 19122

  • Coming soon
Welcome to 1235 N 5th Street, a move-in ready bi-level condo with 2 bedrooms + den area / 2 bathrooms and PARKING located in the heart of Olde Kensington! Walk inside to a light-filled main level featuring hardwood floors, recessed lighting and high ceilings. The spacious chef's kitchen, featuring a large breakfast bar, tons of cabinetry, and generous counter space, flows seamlessly into the living room—perfect for cooking and entertaining. Rear double doors allow for lots of natural light leading you out to your “door to door” parking, and even a perfect spot to grill. An entryway coat closet, full bathroom with linen closet and a well-appointed bedroom complete the main floor. Enter the lower level which leads you to the secondary living room (the large den area), laundry + utility closet and the primary suite. The primary suite features a luxurious ensuite bathroom with dual-vanity sinks and glass enclosed shower, plus ample storage with the walk-in closet, additional large closet and customized built-in wardrobe. Between the parking, abundant storage, extra living room perfect as an all-in-one den, office & work-out area (or activity of your choice), and 2.5 years remaining on the tax abatement, this place is not to be missed! Additionally, the community includes an on-site dog park/run. Steps to public transportation, coffee shops, restaurants, bars, cafes & breweries, and conveniently situated only blocks to everything Northern Liberties, Olde Kensington & Fishtown have to offer, with easy access to 95, Frankford Ave & Broad Street. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$401,758

Lot size

Unknown

Price per sq ft

$256

Year built

2017

Annual property taxes

$750

HOA

No

Price History

11/01/2021
Bright

Bright #PAPH2019308

Sold
$385,000
+18.46%
05/15/2017
Bright

Bright #1003238325

Sold
$325,000

Schools & Community

Neighborhood: 

Old Kensington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$23,849
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$339,551
Cash to seller
$23,849

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2021

Original loan amount

$365,750

Est. remaining balance

$339,551

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

April Proctor and Nicholas Scarlatelli

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 01/22/2025 at 6:00 AM

Listing updated: 01/16/2025 at 9:44 PM

Listed by: Christiana Barile, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2432816

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